Bitget CEO sees Bitcoin near current levels at year-end, doubts US will buy BTC
Bitget CEO Gracy Chen expects Bitcoin to trade mostly near current levels through year-end, with a possible finish about $10,000 to $20,000 above or below today’s price. She said it is hard to predict whether BTC will end above or below $70,000 because macro factors, especially interest rates, could pressure the market. As Bitcoin becomes more tied to traditional finance, it is also becoming more sensitive to broader economic conditions. Chen was also skeptical that the U.S. government will start directly buying Bitcoin for a national reserve before the end of President Donald Trump’s term. She said such a move would be a major policy decision requiring bipartisan debate, and she does not see it happening soon. The current Strategic Bitcoin Reserve is built from already seized or forfeited BTC, not open-market purchases.
